Finance Score: -5

Governance Score: 0

Support Score: 3

Liabilities <10%: +3
Excess reserves: -5
Large legacies income: +1
Fundraising costs high: -4

Dynamic board: +3
All male board: -3

Gov Income
Grant maker support: +3

Overall GiG Score: -2

THE CARMELITE CHARITABLE TRUST

Carmelite friars serve the community, directing a large retreat and conference centre at Aylesford, Kent, running parishes in Llanelli & Faversham a university chaplaincy in York and a number of more specialised apostolates.

Analysis by Giving is Great

Positives:

The charity has received Government grants
This charity has a robust balance sheet
This charity has received considerable income from legacies in recent years
The Board appears to be dynamic in terms of composition

Regulatory & Governance issues to consider:

The Board is completely male

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £20,626,459 available, equivalent to 193 months of spending and so may not be able to utilise additional funding
Fundraising costs are extremely high relative to funds raised

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff
31/12/22	*	£1,014	£1,281	£-267	£228	£21,655	£20,626	193.2	8
31/12/21		£2,423	£1,390	£1,034	£209	£23,750	£22,649	195.6	9
31/12/20		£3,163	£1,444	£1,719	£214	£21,539	£19,990	166.1	9
31/12/19		£1,574	£1,366	£208	£212	£19,369	£19,367	170.2	9
31/12/18		£1,192	£1,802	£-610	£197	£17,459	£17,459	116.3	9
31/12/17		£1,286	£1,393	£-107	£170	£18,523	£18,523	159.6	9
31/12/16		£4,219	£1,321	£2,898	£178	£17,845	£17,845	162.1	10
31/12/15		£2,277	£1,371	£906	£198	£14,227	£14,227	124.6	10
31/12/14	*	£1,205	£1,311	£-105	£192	£13,327	£13,327	122	10
31/12/13		£1,261	£1,316	£-56	£159	£13,177	£13,177	120.1	13
31/12/12		£1,314	£1,333	£-18	£175	£12,577	£12,577	113.2	13
31/12/11		£1,459	£1,399	£60	£203	£12,256	£12,256	105.2	15
31/12/10		£1,318	£1,459	£-141	£191	£12,323	£12,323	101.3	15
31/12/09		£1,211	£1,483	£-272	£192	£12,082	£12,082	97.7	11
31/12/08		£2,184	£1,610	£574	£186	£11,728	£11,728	87.4	13
31/12/07		£1,685	£1,408	£276	£179	£12,571	£12,571	107.1	13
31/12/06		£1,318	£1,287	£31	£0	£0	£0	n/a	0
31/12/05		£1,605	£1,351	£254	£0	£0	£0	n/a	0
31/12/04		£1,591	£1,391	£200	£0	£0	£0	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 38.6%
Fundraising Costs/Total Spending: 17.8%
Highest pay band: Less than £60,000
Liabilities/Assets: 0%
Liabilities/Income: 10%
Unrestricted Funds/Total Funds: 95%
Reserves/Spending: 193.2 months
Net Current Assets/Spending: 21 months
Quick Ratio: 14.4

Asset Split ?

Established: 27 years

www.carmelite.org

carmelite.bursar@googlemail.com

02031142107

Charity Commission for England and Wales

Tweets

Listed activities

Religious Activities

GiG Classification

Scientific research and testing services

How it operates

Provides human resources

Where it operates

Throughout England And Wales,

Who it helps

The General Public/Mankind

Who works here?

8 employees

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (5)

Current Trustees appointed

Gender Split

REV BRENDAN RICHARD GRADY Appointed: 2017

REV GERARD HUGH WALSH Appointed: 2021

REV KEVIN FRANCIS MELODY Appointed: 2020

REV MICHAEL DAVID COX Appointed: 2018, Other trusteeships: THE CARMELITE ORDER GENERAL FUND, THE FRIARS, AYLESFORD,

REV PAUL ANTHONY DE GROOT Appointed: 2023, Other trusteeship: THE SOCIETY OF THE LITTLE FLOWER,

Legal constitution

Charity registered in England & Wales on 17/03/1997, number: 1061342

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Conflicting interests
Investment
Paying staff
Risk management
Safeguarding vulnerable beneficiaries

Filing Record

19 returns made; AR22: 29 days late, AR14: 79 days late,

Main office

THE CARMELITE CHARITABLE TRUST
CHURCHILL HOUSE, Suite 320/321
120 BUNNS LANE
MILL HILL
LONDON
NW7 2AS

Objectives

FOR SUCH CHARITABLE PURPOSES AS SHALL ADVANCE THE RELIGIOUS AND OTHER CHARITABLE WORK FOR THE TIME BEING CARRIED ON BY OR UNDER THE DIRECTION OR WITH THE SUPPORT OF THE CARMELITE ORDER IN ENGLAND AND WALES OR ELSEWHERE AS THE TRUSTEES WITH THE APPROVAL OF THE PROVINCIAL SHALL FROM TIME TO TIME THINK FIT AND IF AT ANY TIME THE CARMELITE ORDER SHALL CEASE TO EXIST OR SHALL CEASE TO CARRY ON RELIGIOUS OR OTHER CHARITABLE WORK THEN FOR SUCH OTHER LAWFUL CHARITABLE PURPOSES CONNECTED WITH THE ADVANCEMENT OF THE ROMAN CATHOLIC RELIGION AS THE TRUSTEES SHALL DETERMINE

Defined Area of Benefit:

ENGLAND, WALES AND ELSEWHERE

Data Sources